Month: April 2025

Southern Michigan Bancorp, Inc. Announces First Quarter 2025 Earnings

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

COLDWATER, Mich., April 23, 2025 (GLOBE NEWSWIRE) — Southern Michigan Bancorp, Inc. (OTC Pink: SOMC) announced first quarter 2025 net income of $3,046,000, or $0.66 per share, an increase of $368,000, or 13.7%, compared to net income of $2,678,000, or $0.59 per share, for the first quarter of 2024. John R. Waldron, President and Chief Executive Officer of Southern Michigan Bancorp, Inc., stated, “First quarter 2025 earnings were solid, and credit quality remained strong. Our continued investment in market expansion and staff translated into record levels of loans, deposits and total assets as of March 31, 2025.” The allowance for credit losses totaled $12,780,000, or 1.12% of loans on March 31, 2025. Net loan charge-offs totaled $2,000 for the first quarter of 2025, compared to $10,000 for the first quarter of 2024. Non-performing...

Watsco’s First Quarter Reflects Large-Scale Product Transition, Strong Sales Growth and Expanded Margins in Core Replacement Market

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

Debt-Free Balance Sheet, Industry-Leading Technology and Scale Create Competitive Advantage; Business Trends Improve Ahead of Summer Selling Season MIAMI, April 23, 2025 (GLOBE NEWSWIRE) — Watsco, Inc. (NYSE: WSO) announced its operating results for the first quarter ended March 31, 2025 and provided commentary on growth opportunities, business trends, its financial position and long-term growth drivers. Watsco is the leading distributor in the HVAC/R marketplace, serving over 375,000 contractors, technicians and installers from 693 locations across the U.S., Canada and Latin America. Since entering distribution in 1989, the Company has scaled to be the industry leader through a combination of organic growth and the acquisition of 71 businesses. From 1989 through 2024, Watsco has achieved a 19% compounded annual growth rate (CAGR)...

Stock Yards Bancorp Reports Record First Quarter Earnings of $33.3 Million or $1.13 Per Diluted Share

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

Highlighted By Strong Loan Growth LOUISVILLE, Ky., April 23, 2025 (GLOBE NEWSWIRE) — Stock Yards Bancorp, Inc. (NASDAQ: SYBT), parent company of Stock Yards Bank & Trust Company, with offices in Louisville, central, eastern and northern Kentucky, as well as the Indianapolis, Indiana and Cincinnati, Ohio metropolitan markets, today reported record earnings of $33.3 million, or $1.13 per diluted share, for the first quarter ended March 31, 2025. This compares to net income of $25.9 million, or $0.88 per diluted share, for the first quarter of 2024. Continued strong loan growth contributed to solid first quarter 2025 operating results. (dollar amounts in thousands, except per share data) 1Q25 4Q24 1Q24 Net income $ 33,271 $ 31,694 $ 25,887 Net income per share, diluted 1.13 1.07 0.88 Net...

Fenix Outdoor International AG Later payment of extra dividend

Written by Customer Service on April 23, 2025. Posted in Public Companies.

Zug 2025-04-23 Press release: Delayed payment of extra dividend The Board of Directors proposes to the Annual General Meeting that the payment of the extra dividend will take place on Monday 8 December, not as previously planned, on 12 May, but that the ordinary dividend will be paid as planned according to the notice to the Annual General Meeting. See below for details. The reasons for the updated proposal are partly the Group’s cyclical liquidity situation, with a strong cash flow in the latter part of the year. In addition, it is currently very difficult to predict how economy, tariffs and other macro factors will develop. Since the first dividend proposal, the Group has also acquired Devold, mainly with cash. Fenix Outdoor International AG Contact person: Martin Nordin, Executive Chairman +41 797 99 27 58 ________________________________________________________________________________The...

Correction: LHV Group unaudited financial results for Q1 2025

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

— At the auditor’s suggestion, the corrected version reflects declared but unpaid dividends as a liability. Accordingly, the figures for liabilities, equity, and return on equity have been adjusted. — The first quarter of the year was characterised by rapid growth in business volumes for LHV, but also by a decrease in profit due to lower interest rates and increased impairments. In Q1 2025, AS LHV Group earned EUR 29.2 million in net profit. AS LHV Pank earned EUR 25.2 million and LHV Bank Ltd EUR 2.1 million in net profit. At the same time, the net profit of AS LHV Varahaldus was EUR 103 thousand and of AS LHV Kindlustus EUR 665 thousand in Q1. The return on equity attributable to the shareholders of the Group was 17.0% in Q1. On a consolidated basis, LHV earned EUR 79.4 million in revenue in Q1 2025, i.e. 6% less than...

Rekor Systems to Announce First Quarter Fiscal 2025 Results

Written by Customer Service on April 23, 2025. Posted in Public Companies.

Company will host earnings call on Wednesday, May 14, 2025 COLUMBIA, Md., April 23, 2025 (GLOBE NEWSWIRE) — Rekor Systems, Inc. (NASDAQ: REKR) (“Rekor “or the” Company “), a leader in developing and implementing state-of-the-art roadway intelligence technology, today announced that it will release its financial results for the first quarter of 2025 on Wednesday, May 14, 2025, after market close. On the same day, the Company will host its earnings conference call at 4:30 p.m. Eastern Time to discuss financial and operating results. CONFERENCE CALL INFORMATION Any person interested in participating in the call should please dial in approximately 10 minutes before the start of the call using the following information: North America: Participant Dial-In: 877-407-8037 / +1 201-689-8037 Click here for participant...

ASML discloses 2025 AGM results

Written by Customer Service on April 23, 2025. Posted in Public Companies.

ASML discloses 2025 AGM results Veldhoven, the Netherlands, April 23, 2025 – ASML Holding N.V. (ASML) today announces the results of its Annual General Meeting (AGM) held on April 23, 2025. At the AGM, ASML’s statutory financial statements for the 2024 financial year were adopted. In addition, the following items were approved: Proposal to adopt a final dividend payment of €1.84 per ordinary share, which, together with the two interim dividends paid through the 2024 financial year and the interim dividend paid in February 2025, each €1.52 per ordinary share, leads to a total dividend for 2024 of €6.40 per ordinary share Proposals to discharge the members of the Board of Management and the Supervisory Board from liability for their responsibilities in the 2024 financial year Proposal to determine the maximum number of shares available...

AGF Investments Announces April 2025 Cash Distributions for AGF Enhanced U.S. Equity Income Fund, AGF Total Return Bond Fund and AGF Systematic Global Infrastructure ETF

Written by Customer Service on April 23, 2025. Posted in Dividend Reports And Estimates.

TORONTO, April 23, 2025 (GLOBE NEWSWIRE) — AGF Investments Inc. (AGF Investments) (TSX:AGF.B) today announced the April 2025 cash distributions for AGF Enhanced U.S. Equity Income Fund*, AGF Total Return Bond Fund* and AGF Systematic Global Infrastructure ETF, which pay monthly distributions. Unitholders of record on April 30, 2025 will receive cash distributions payable on May 6, 2025. Details regarding the final “per unit” distribution amounts are as follows:ETF Ticker Exchange Cash Distribution Per Unit ($)AGF Enhanced U.S. Equity Income Fund* AENU Cboe Canada Inc. $ 0.131725AGF Total Return Bond Fund* ATRB Cboe Canada Inc. $ 0.091000AGF Systematic Global Infrastructure ETF QIF Cboe Canada Inc. $ 0.139955*AGF Enhanced U.S. Equity Income Fund and AGF Total Return Bond Fund are mutual funds with an ETF series option. Further...

Rogers Communications Reports First Quarter 2025 Results

Written by Customer Service on April 23, 2025. Posted in Earnings Releases And Operating Results.

Rogers reports continued growth in subscribers and financials, including strong margin improvement year-over-year despite slowing market Delivers significant balance sheet deleveraging with announced $7 billion minority equity investment in April; debt leverage ratio1 expected to be 3.6x vs. 5.2x post-Shaw closing 24 months agoCompany removes discount on dividend reinvestment plan sharesPositive consolidated financial results led by growth in service revenue and adjusted EBITDATotal service revenue and adjusted EBITDA both up 2% Consolidated adjusted EBITDA margin of 45%Combined mobile phone and Internet net additions of 57,000Added 34,000 total mobile phone net subscriber additions, consisting of 11,000 postpaid and 23,000 prepaid Mobile phone blended ARPU of $56.94; postpaid mobile phone churn of 1.01% Wireless service revenue...

Virtu Announces First Quarter 2025 Results

Written by Customer Service on April 23, 2025. Posted in Dividend Reports And Estimates.

NEW YORK, April 23, 2025 (GLOBE NEWSWIRE) — Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver innovative, transparent trading solutions to its clients and liquidity to the global markets, today reported results for the first quarter ended March 31, 2025. First Quarter 2025:Net income of $189.6 million; Normalized Adjusted Net Income1 of $208.3 million Basic and diluted earnings per share of $1.09 and $1.08, respectively; Normalized Adjusted EPS1 of $1.30 Total revenues of $837.9 million; Trading income, net, of $590.0 million; Net income Margin of 22.6%2Adjusted Net Trading Income1 of $497.1 millionAdjusted EBITDA1 of $319.9 million; Adjusted EBITDA Margin1 of 64.4% Share buybacks of $48.1 million, or 1.3 million shares, under the...

Month: April 2025

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